Michael Page International PLC
6 November 2003
Letter to Michael Page dated 3rd November 2003
We act as an Investment Manager for a number of large institutional investors
and for a number of commingled funds. In acting for our Clients, we are given
full discretion over the investments, and are empowered to vote on their behalf.
However, we do not act as their Custodian, and therefore shares are not held in
our name, but in the nominee name of their Custodian Bank.
Recent purchases/sales of shares in your company by ourselves, on behalf of our
clients, have resulted in our having control over the following shares
(also see below):
SILCHESTER: 39,949,000 Ordinary Shares
Our records show that you have the following shares in that class
MICHAEL PAGE: 363,662,799 Ordinary Shares
As such, we exercise control over 10.99% of the shares of that class.
Company: Michael Page Address: Page House
39-41 Parker Street
London, WC2 5LN
Share Class: ORD
Issued Shares: 363,662.799 Attention:Company Secretary
SII Ownership: 39,949,000
% of Class Date: 3rd November 2003
10.99
Nominee Share Holding Voting Authority:
Northern Trust Co 39,949.000 Yes
From Silchester International
SCHEDULE 10
NOTIFICATION OF MAJOR INTERESTS IN SHARES
1) NAME OF COMPANY
MICHAEL PAGE INTERNATIONAL PLC
2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST
SILCHESTER INTERNATIONAL INVESTORS LTD
3) Please state whether notification indicates that it is in respect of
holding of the Shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18
FUNDS UNDER MANAGEMENT
4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them.
NAME: NORTHERN TRUST Co
NUMBER: 39,949,000
5) Number of shares/amount of stock acquired.
N/A
6) Percentage of issued Class
N/A
7) Number of shares/amount of stock disposed
129,000
8) Percentage of issued Class
0.04%
9) Class of security
ORDINARY SHARES
10) Date of transaction
3/11/03
11) Date company informed
5/11/03
12) Total holding following this notification
39,949,000
13) Total percentage holding of issued class following this notification
10.99%
14) Any additional information
N/A
15) Name of contact and telephone number for queries
JEREMY TATHAM
01753 849338
16) Name and signature of authorised company official responsible for
making this notification
Date of Notification ....... 6/11/03 .................
END
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